jayunited wrote:Is this true and if it is and Gol defaults what are Delta's options to keep from having to pay $300 million dollars in August?
Hate to tell you, but AA bonds for 2025 have been trading at a bigger discount (implying a greater likelihood of non-payment) than are Gol's bonds.
https://news.bloomberglaw.com/bankruptc ... l-collapse
maverick4002 wrote:Oh my
Not too familiar with how these things work, but GOL is expected to pay the $300M in one fell swoop? Wouldn't they have been paying it down since 2015 and therefore the balance would be less than $300M? I guess not.
MIflyer12 wrote:Hate to tell you, but AA bonds for 2025 have been trading at a bigger discount (implying a greater likelihood of non-payment) than are Gol's bonds
Military Aircraft Every type from fighters to helicopters from air forces around the globe
Classic Airliners Props and jets from the good old days
Flight Decks Views from inside the cockpit
Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior
Cargo Aircraft Pictures of great freighter aircraft
Government Aircraft Aircraft flying government officials
Helicopters Our large helicopter section. Both military and civil versions
Blimps / Airships Everything from the Goodyear blimp to the Zeppelin
Night Photos Beautiful shots taken while the sun is below the horizon
Accidents Accident, incident and crash related photos
Air to Air Photos taken by airborne photographers of airborne aircraft
Special Paint Schemes Aircraft painted in beautiful and original liveries
Airport Overviews Airport overviews from the air or ground
Tails and Winglets Tail and Winglet closeups with beautiful airline logos